🥊 TRUMP VS. THE COURT: The Trade War Just Went Nuclear!
If you thought a Supreme Court defeat would slow down President Trump, think again. Just hours after a 6-3 ruling struck down his signature "Liberation Day" tariffs, the President didn't just push back—he pivoted.
$ASTER In a stunning Rose Garden press conference, Trump turned what many called an "economic body blow" into a brand-new offensive. Here is the breakdown of the post-SCOTUS chaos:
🛡️ The Pivot: Section 122 is the New Weapon
While the Court ruled that the International Emergency Economic Powers Act (IEEPA) didn't give him the authority to tax the world, Trump reached into a different drawer of the legal desk. He announced a brand-new 10% global tariff effective in three days.
$DUSK The Tool: Section 122 of the Trade Act of 1974.
The Power: This allows for a 150-day "temporary surcharge" to fix trade imbalances.
The Logic: Trump claims the ruling actually "clarified" his powers, making his alternative legal routes "more powerful and crystal clear."
🏛️ "Ashamed of the Court"
Trump didn't mince words about the justices, including his own appointees. He called the ruling a "disgrace" and accused the Court of being "swayed by foreign interests." He made it clear: he isn't going to Congress for permission.
"I have the right to do tariffs, and I've always had the right to do tariffs."
🧱 The "Tariff Wall" Stays Up
Despite the ruling, the President insists the most significant pillars of his trade strategy remain "untouched":
National Security Tariffs: Section 232 duties on Steel and Aluminum remain in full force.
Unfair Trade Tariffs: Section 301 duties (aimed at China and others) are staying put.
$ZAMA The Billions Stay: Trump hinted he has no intention of refunding the billions already collected under the now-"illegal" tariffs, predicting a legal fight that could last 5 years.
#TrumpTarrifs #IEEPA #ZAMAPreTGESale